View Full Version : Timnkin gets disected

12-08-2014, 11:49 AM

Wonder what this will mean for warranties and for future QC.

12-08-2014, 05:26 PM
Crunching reams of data in search of undervalued stocks, analysts at Relational Investors (http://www.rillc.com/), a firm that manages $6 billion mostly on behalf of pension funds, happened upon a Canton company called Timken (http://www.timken.com/en-us/Pages/Home.aspx), which was in the unglamorous business of making steel and bearings. Controlled by the Timken (http://topics.nytimes.com/top/news/business/companies/timken-company/index.html?inline=nyt-org) family for more than a century, the company looked cheap compared with its industrial peers, at least according to Relational’s analysis. A few more calculations suggested that Timken’s shares might fetch more if the company were split in two.

If your business is FAMILY-owned, and you'd like to KEEP it that way, either take it private, or KEEP it private. Wall Street Banksters care NOTHING about YOUR family.

FUDGE 'em all. :fu:

12-08-2014, 06:33 PM
I doubt the union would want to have that happen. Because they could just boot old contracts and pensions if it was sold to a new company (going private).